it collided with another boat. 120 people were on board when it sank. dozens did not survive. the government claimed that numerous obstacles were what prevented the passengers from escaping safely. survivors have been taken to hospitals across hong kong. the cause of the accident, which took place over a long holiday weekend, is still unknown. officials have said the priority is to locate all the missing passengers. >> the president of georgia has conceded that his party has lost the parliamentary elections. he said it was clear that the opposition party hadary majorit. their leader, the country's richest man already, had declared victory. it is the first time in their post-soviet history the power changed hands without a resolute -- revolution. he said he did not agree with the policies of the green coalition party. >> you know that for us, for me, this news was fundamentally unacceptable and remains so. there are deep differences between us and we think that their views are completely wrong. but this is how democracy works and we respect that very much. >> we are in dupont -- tbilisi. tell

government and the position they find themselves in , presumably, they would want to stop this. >> certainly, they don't want to get embroiled in a bilateral fight with the syrian regime on the ground. that has been clear from the beginning. there is a concerted nato division -- if there were a concerted nato decision to intervene, then turkey would support that, but it does not want to fight on its own . the dangers are evident. on the other hand, it is spilling across their border. they have tens of thousands of refugees to cope with and now they have their own citizens been killed on their own soil. so they felt clearly they had to respond to that. i suspect they will keep it to a minimum at the moment and yet keep open the option of hitting back harder if they feel they have to. >> thank you very much. could it be a moment which perhaps turns the u.s. presidential election campaign > -- ? the first televised debate has been widely judged a triumph for mitt romney, who had been lagging in opinion polls. he has often been called stiff and awkward in public, judy big -- yet he appeared more

government denies declarations of torture and arbitrary arrests in gaza. that's time where we bring you the business news now. aaron is here for that. some interesting figures worrying as we are used to hearing tesco going from strength-to-strength. >> we are talking about the largest chain in the u.k. out of every eight pounds one goes through a tesco till. that is because company today reported its first fall or drop in profits in nearly 20 years. the first half of this year $2.7 billion was made but down 11.5% from last year. why? we know tesco spent $1.5 billion in revamping. that's costly. but they are saying smaller supermarket chains are starting to eat into their market share and the big operations, big problems and tesco can no longer rely on overseas businesses to offset any shortages here. have a listen. >> what troubled me a little bit about these numbers was on how many fronts tesco is struggling, even overseas. some of the same problems in the u.k. seem to be appearing in central europe and asia. but tesco aren't doing quite as well. again, it has to do with a lot of expos

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